ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of December 18, 2015 No. 862

About approval of the Regulations on management of emergency funds of the Government

In pursuance of part provisions (2) article 36 of the Law on public finance and budget and tax responsibility No. 181 of July 25, 2014 (The official monitor of the Republic of Moldova, 2014 No. 223-230, of the Art. 519), with the subsequent amendments, DECIDES: the Government

1. Approve Regulations on management of emergency funds of the Government it (is applied)

2. This Resolution becomes effective since January 1, 2016.

Approved by the Order of the Government of the Republic of Moldova of December 18, 2015 No. 862

Regulations on management of emergency funds of the Government

I. General provisions

1. This Provision determines the directions of use, procedure for allocation, accounting and control of means of reserve fund and intervention fund of the Government (further - emergency funds).

2. The purpose of emergency funds is provision of opportunity to the Government quickly to react to specific needs of financing in exclusive and contingencies which arise within fiscal year.

3. The amount of means of emergency funds affirms annually as the government budget.

4. Within fiscal year the amount of intervention fund can be replenished with donations of physical persons and legal entities. In this case according to the current legislation the Ministry of Finance shall make corresponding changes to profitable and account parts of the government budget.

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